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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYour workplace health insurance costs $1,200 more
http://economy.money.cnn.com/2014/03/06/workplace-health-insurance/?iid=HP_LNEmployees are shelling out 28% more for workplace health benefits than just three years ago.
Most probably realize their monthly premiums are going up because they see more taken out of their paychecks. Workers are seeing their premiums rise year after year, going up by 19% on average since 2011, according to a report issued Thursday by Towers Watson/National Business Group on Health.
This is happening though the overall growth in health care spending has slowed in recent years.
Companies, meanwhile, are paying 14% more for their share of the premiums than they did in 2011, as they seek to shift more of the expense to their employees. Premiums cost an average of $9,560 per worker in 2014, up from $8,364 three years ago.
more at link...
onehandle
(51,122 posts)kenny blankenship
(15,689 posts)and because Americans have trouble telling a genuine reform from a travesty cementing the unjust status quo of privatized predation in place with the force of law.
woo me with science
(32,139 posts)Obama!
warrant46
(2,205 posts)Becoming the NEW 4% class---- Private schools for the kiddies and Gated Communities with licensed and armed Zimmerman types keeping the Riff Raff Out
Proud Public Servant
(2,097 posts)Mine went up by less that 1% (0.877%, to be exact). Why? Because I work for the federal government.
Government health care, now: if the feds can provide us bureaucrats with robust, affordable health care, they can do it for everybody.
bigwillq
(72,790 posts)Not too bad. I expected an increase. I have health insurance through my employer.
KansDem
(28,498 posts)...until last year. Then the HMO option was gone and we had to select a PPO.
Changes? The PPO requires a $1,000 deductible; the HMO didn't. So I'm making $1,000 less than I did the year before (oh, and my employer froze our salaries some six years ago, too, so I have inflation and cost-of-living expenses to contend with).
I want out and hope I can do so in a couple of years...
politicaljunkie41910
(3,335 posts)All the reports I've read seem to conclude the ACA has contained costs over the past couple of years versus where they were headed otherwise.
woo me with science
(32,139 posts)Does your income rise by 19 percent every year?
[font size=3]Nineteen percent.[/font size]
But not as much as the other guys would hurt you!
politicaljunkie41910
(3,335 posts)since 2011 and I pay my family's bills so I would know if it had.
Fumesucker
(45,851 posts)Not trying to pick on you specifically but that has been the reaction to anyone who has anything negative to say about the ACA.
Sauce for the goose is sauce for the gander, if we question one set of statements then we should question all of them.
politicaljunkie41910
(3,335 posts)that any increase in my premiums would probably be in line with the OP's original estimate which states that on average the rates have gone up by $1200 since 2011, which amounts to about $31 a month over 3 years. An amount I would consider negligible, in my case over a 3 year period. Now my situation may not fit everyone's situation and some may consider a $31 monthly increase over 3 years for medical insurance premiums something only the Koch Brothers would tolerate. I happen to disagree. I'm certainly glad that it hasn't risen any more than that, and I'm sure that the reason it hasn't is due to the ACA. Without it I shutter to think what the rates would be with the unrestrained forces on the insurance companies before it went into affect.